Feb 8, 2013 5:00pm EST
on the every word. from the kansas city president, george, and carls, and st. louis president and cleveland fed president, and esther george, the key one to watch. >> now the number two thing to watch, wednesday, we have the commerce department releasing retail sales for january. sales are expected to rise a little bit. auto sales, a key driver in december's move higher. >> a little bit bit. number one thing to watch, initial jobless claims come out thursday, expected to drop by 6,000 from 360,000. claimed dropped by 5,000, less than expected, and the four week moving average fell by 15,000 since the start of the year. there's always revisions that come up. >> living room. -- all right. stay safe. i'm going to dry to drive hem. david, be safe. me liz is is next. melissa: here's what "money" tonight. it's the real estate story, america. housing coming barks, but is it? what are the biggest mistakes that people are making in the market? four industry heavy weights to weigh in. plus, caught red handed. a legal iranian weapons seized in yemen revealing arms sales that could destabilize the region.
Feb 9, 2013 12:00am EST
fransisco and new york are the two cities in the united states of america that have the greatest barrier to entry. the demand for housing far exceeds the ability of the marketplace to produce that housing. the appreciation is really based upon the inbalance between supply and demand. melissa: uh-huh. new york as well, by zillow thinks it's up half a percent in new york, one of the worst places to buy. >> you can't believe zillow. you really have to -- [laughter] i mean, if you -- if you look at what people said about housing, they said that nobody would buy houses anymore, and it was over. melissa: do you think prices in new york are going up half a percent? >> prices in new york city, and when they take new york, new york state is in effect. new york city, we are back to the prices that we were at the boom. we're at 98% of the value of the homes before the boom. melissa: anything changed? >> financing, much harolder. melissa: you have to have more money? >> yes, and very, very good credit. melissa: what changed? l.a. is an area, i have friends hurt out there, bought their home, collapse
Feb 10, 2013 8:00pm EST
warnings are in effect means through new york city in some locations are expecting between two and 3 feet and not expected to dissipate until sunday. officials asking everyone but the essential public workers to remain at home and governors of new york york, massachusetts and connecticut and rhode island already declared states of emergency, widespread power failures are expected including flooding in the high tide, airlines have canceled 4,000 flights through sunday and amtrak has suspended all train service until further notice any urologists are comparing this to the 130 years ago, 1978 -- 30 years ago ago, 27 inches in providence and the aftermath was devastating. that killed 99 people and more than 4500 were injured. the impact was so widespread that president carter declared federal disaster areas sending in the national guard was cleanup it caused half a billion dollars in damages. we have a team coverage tonight, the brady -- braving though whether. starting in the york city. >> you asked me earlier if i was ready, fortunately i am but the warnings came out two days ago. if you do